New bankruptcy cases suspended for one year
India will droop contemporary chapter proceedings in opposition to defaulters for one yr in order that corporations usually are not dragged into tribunals at a time they’re making an attempt … Read More
Tag: lockdown 4.0 in india
India pulls back state control in many sectors to boost economy
The Narendra Modi-led authorities has tried to set the nation on a brand new pro-business financial course, knocking down the final vestiges of state management in most sectors to jump-start … Read More
Allowing firms to list overseas may help raise funds
The authorities’s coverage intent to permit Indian corporations to record abroad with out simultaneous India itemizing can open up avenues for tech and different corporations to lift funds however could … Read More
Borrowing limit for states hiked but subject to reforms
The Centre on Sunday raised borrowing limits for states from 3% to five% of gross state home product (GSDP) for the present fiscal yr, topic to their finishing up particular … Read More
Economic package will have multiplier effect: Nirmala Sitharaman
Over 5 days, Union finance minister Nirmala Sitharaman introduced the particular contours of a Rs 20 lakh crore financial package deal to assist the Indian economic system overcome the rapid … Read More
States, Union Territories to demarcate zones
The Centre transferred powers to states and Union Territories to demarcate purple, orange, and inexperienced zones for finishing up Covid-19 containment actions from Monday, in accordance with a letter by … Read More
Lack of robust stimulus may worsen slowdown
The centre’s stimulus package deal might have an effect of solely 1-1.5% of gross home product (GDP) on the exchequer, with the federal government relying extra on liquidity help measures. … Read More
States to fix zones in lockdown 4.0
The authorities on Sunday lifted a number of stringent curbs, together with that on interstate journey and a few native transport akin to buses, and introduced that state governments will … Read More
Debts related to Covid-19 to be excluded from default under IBC: FM Sitharaman
Debts associated to the coronavirus pandemic won’t be included in default class below the Insolvency and Bankruptcy Code (IBC) for one 12 months, Union finance minister Nirmala Sitharaman stated as … Read More
‘Real estate sector hit, must remedy it’: Puri
Union housing and concrete affairs minister Hardeep Puri on Saturday mentioned that reverse migration of labourers and a breakdown of building materials provide chains have adversely affected actual property tasks … Read More